What is an Offshore Bond?
An Offshore Portfolio Bond is a single premium, non-qualifying whole of life assurance policy. Offshore Bonds grow tax-efficiently, as offshore based life assurance companies are not currently liable to any form of income or capital gains tax on policyholders’ funds.

• Offshore Portfolio Bonds are available for initial investments (or assets) valued at only €40,000 or currency equivalent.
• “Standard” Offshore Bonds available from only €15,000

Why use an Offshore Portfolio Bond?
Many investors find that managing a portfolio of investments can create an administration nightmare. With an Offshore Portfolio Bond the insurance company takes care of this by wrapping the portfolio of assets within the Bond
structure and efficiently managing the paperwork on your behalf.

The Portfolio bond allows the investor almost unlimited access to any collective investment scheme, including Unit Trusts, Investment Trusts, Open-Ended Investment Companies (OEICs), Societe d’Investment a Capital Variable (SICAVs) and Mutual funds. Each investor therefore has almost unlimited access to collective investments around the world.

Most major asset classes and currencies are catered for and a wide range of fund managers can allow for different investment strategies. With a more traditional structure, if a particular investment is underperforming, changing strategy or fund manager may mean you suffer not only exit penalties and new initial charges on a new investment, but also a possible tax liability as well. By choosing an Offshore Portfolio Bond you avoid this problem and can also enjoy the following benefits:

• 100% investment of contributions (depending on the charging structure chosen)
• A choice of competitive charging structures to suit your needs
• Institutional buying power and specially negotiated discounts on initial and annual charges from fund managers
• Unlimited switching between fund managers and funds, even those of different currencies, at minimal or zero cost (depending on the charging structure chosen)
• Multiple policies to provide easy and flexible access to your funds and to maximize UK tax-efficiency
• Easy access to your Bond by linking it with an offshore bank account (worldwide access to your money using a Visa card)
• Availability of partial or full encashment (an Early Withdrawal Charge may apply depending on the charging structure chosen)
• Regular tax-efficient ‘income’ on a monthly, quarterly, half-yearly or yearly basis
• Detailed regular valuation reports outlining your complete portfolio (information on investment movements, cash withdrawals and charges)
• Free, automatic life assurance cover which provides 101% of the encashment value on the death of the last life assured. (for an increased cost, you can arrange for a higher amount to be payable)
• Ability to appoint a personal investment adviser with delegated switching authority
• Comprehensive range of trust facility option, enabling ownership in the most financially beneficial way.

Contact us today to find out if your could get a better return on your capital using an Offshore Bond structure.

[^ top]

---